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Preparing for Your First Audit – Steps to Follow for Consumer Products Companies

Withum

Determine Who Will Be Responsible Prior to preparing for your audit or even engaging a CPA firm for that matter, a company should first designate who will be overseeing the audit process. Delays in providing account schedules, requesting underlying support, or answering auditor inquiries will lead to delays in the audit timeline.

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Top 10 Best Mac Accounting Software Solutions For Your Small Business

Snyder

Whichever your accounting method is – cash-based or accrual – Xero works well for both. At this point, a business owner can decide what level of access to give to an accountant or a CPA firm helping with accounting and taxation. Xero accounting can integrate with other business software.